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20121027
20121104
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trading normal session and electronic session. john brady, as a trader what have you been doing all week stocks futures is closed, there has been limited trading. what have you guys been doing? >> we've been reading a lot of polls and newswires regarding next week's election. a couple things have the market's attention, not just the storm. friday we have employment number. that number could see sizable revisions to the crazy september nonfarm payroll number about in early october. likewise we're following polls. seems that the raise is pretty close. it may be tilting one way. we're trying to get a bead on and handicap the what market as trading will be. >> john brady, very interesting. about the market report on friday and election next tuesday. where are markets going to open tomorrow by the way? >> i think stocks open a little lower. nasdaq probably 10 lower. you will see a rush of trading at opening. it will be quiet. >> john brady, rg o'brien guys. there is the word from the trading floor. back to you guys. nicole: thank you, sandra smith. tomorrow's opening sure to be busy one with
. joining us now by phone is senior earnings analyst. john, i do want to ask you, what do you make of all these companies making these moves? are they justified do you think in changing the game when wall street is pretty much looking to open tomorrow? >> well, i think for the most part, the companies that have rescheduled earnings did so yesterday. as for today, most of the companies that were scheduled to report did report on time. i think net, net, the markets this won't be much of an impact in terms of the markets overall. in terms of the earnings impact going forward, most companies' third quarter ended back on september 30th. i think in terms of earnings perspective, most of the impact we'll see in the fourth quarter as opposed to the third. cheryl: i think, john, one of the reasons that it is disconcerting, if you will, is that you have major companies, i mean pfizer is now going to be reporting on november 1st. obviously the street has been waiting on that. people are placing, timing, if they can, on these reports, automatic data, mcgraw hill, all of these are delayed. do you thin
. this man grew up here and his girlfriend lives behind here. some of the houses condemned. john, the marathon is going on. what do you think? >> i think, along with many others, it is a disgrace. >> what would you say to mayor bloomberg to maybe change his mind? >> i can understand you may feel it is uplifting, but there are people out there that need the water, they need these hotels. i feel it is a disgrace. >> now i want to and -- introduce you to this woman. >> i think the governor has done a great job in new york and the tragedy. this is not a good answer. i am very concerned. we need police officers here, we need generators here, we need hotel rooms here. all of these things are being taken away for this marathon. >> i do have to point out, when we came in we saw the portable bathroom facilities and generators just across the street from here. aren't the people's needs here being that close that can't both be met? >> absolutely not. we need every single resource. take one of each of these away, i have people e-mailing me telling me they are being kicked out of their rooms
with his take is john hofmeister, former president of shell oil. do you have any sense how quickly these refineries will restart with 70% of refining capacity in this part of the country shutdown? >> ended the best of circumstances once you shutdown it takes between five and ten days to get up and running. unless you find damage. if you have been flooded chances are you could have similar optical damage if your electricals were on the ground level so we don't know yet. i keep reading everything i can read to see what is being reported that something else to worry about our, our the porks damage? the northeast gets a lot of its fuel supplies from europe or the caribbean by ship and so if the ports are damaged with that huge surge, that could be another issue in terms of supply. normally there's a three to four week supply available and there shouldn't be an immediate outage of general supply but at the retail level or the depot level, if you don't have electricity you are out of business and that the strain on the stations that do have electricity so you are likely to see gas lines,
reservations. >> the dow was off 111 points. >> we continue to see the market selling off. john was talking about taking money off the table. it just bring some uncertainty but look e.s.m. energy shares like chevron and chesapeake. they did come out with third quarter financial results. oil production was down year over year. >> the energy stocks head south. gas prices continued to drop by at because of sandy motorists are literally running on empty. tracy: take at -- take a look at the winners and losers. we will be right back. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barriereef with sharks, or jumping into the marke he goes with pele he trusts, which is why he trades wita company that doesn't niel and dime himith hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. at legalzoom, we've created a better place to turn r your legal mters. maybe you want to incorporate a business you'd like t
Search Results 0 to 4 of about 5

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